U.S. Markets closed

MMP, NS, VNOM, and CQP: Which MLPs Fell the Most?

Ruth King
MMP, NS, VNOM, and CQP: Which MLPs Fell the Most?

Midstream MLP NuStar Energy (NS), royalty interest owner Viper Energy Partners (VNOM), and downstream MLP CVR Refining (CVRR) fell 8.9%, 8.6%, and 7.7%, respectively, last week. Cheniere Energy Partners (CQP) fell 6.9% for the week. Credit Suisse initiated coverage on Cheniere Energy Partners with an “underperform” rating, which contributed to the stock’s fall.